Brookfield commissions the 268 MWp capacity phase I of India’s largest C&I Park at Bikaner Rajasthan Once complete the ISTS connected C&I dedicated park at Bikaner will generate 550 MWp capacity Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”) today announced the successful commissioning of phase I of the country’s largest Inter State Transmission System […]
Brookfield forms a joint venture with Axis Energy Ventures to develop renewable energy projects – EQ
Mumbai : Brookfield and Axis Energy Ventures today announced their second joint venture partnership to establish a renewable energy development platform. Axis Energy Ventures will contribute their existing development pipeline of wind and solar power projects which are spread across the country and at various stages of development. Brookfield, through the Brookfield Global Transition Fund […]
Brookfield signs MoU with Reliance Industries for onshore renewable power and decarbonization equipment manufacturing in Australia – EQ Mag
Mumbai : Brookfield Asset Management has signed a Memorandum of Understanding (MoU) with Reliance Industries, a Fortune 500 company and India’s largest private sector enterprise, to explore opportunities to manufacture renewable energy and decarbonization equipment in Australia. The MoU aims to both accelerate and de-risk Australia’s energy transition by enabling it to locally produce clean […]
CleanMax raises $360 million from Brookfield – EQ Mag
Canadian investor Brookfield said on Thursday it had acquired a controlling stake in Indian solar-panel maker CleanMax Enviro Energy Solutions for $360 million MUMBAI : Canadian investor Brookfield said on Thursday it had acquired a controlling stake in Indian solar-panel maker CleanMax Enviro Energy Solutions for $360 million. Brookfield did not specify the size of […]
Brookfield expands green footprint, buys 51% stake in CleanMax Enviro – EQ Mag
Canadian investment firm Brookfield has picked up a 51% stake in CleanMax Enviro (CleanMax Solar), which supplies renewable energy to commercial and industrial establishments, said two sources aware of the development. The equity value of the company is between ₹3,500 crore and ₹4,000 crore, they added. The investment will largely be a secondary sale of […]
Brookfield to step up Australia renewables investment with $10.2 bln Origin Deal – EQ Mag
SYDNEY : Canada’s Brookfield and its partner EIG decided to go ahead with a $10.2 billion plan to buy Australia’s Origin Energy Ltd despite escalating regulatory and government policy headwinds, senior management at the group said on Tuesday. Origin, Australia’s top energy retailer, on Monday agreed to the long-running takeover offer from the consortium, nearing […]
Brookfield in talks to acquire CleanMax Solar – EQ Mag
Canadian investor Brookfield has entered into exclusive negotiations to invest as much as ₹3,000 crore ($363 million) to buy a controlling stake in CleanMax Solar, which provides renewable energy to commercial and industrial establishments, said two people sources in the know, speaking on the condition of anonymity. CleanMax is a major supplier of renewable energy […]
Canadian investor Brookfield looks to put $1 billion in Avaada – EQ Mag
Canadian investor Brookfield is in superior discussions to speculate as much as $1 billion via a number of tranches in Avaada Ventures Pvt Ltd (AVPL), mother or father entity of Avaada Group. The infusion will fund the group’s photo voltaic cell/module manufacturing and inexperienced ammonia plans, in addition to its renewable power era capability, stated […]
AWS Trades the Cloud for Renewable Energy – EQ Mag
Amazon Web Services (AWS) announced it’s working with global investment firm Brookfield Asset Management to provide cloud infrastructure services and automate the firm’s renewable energy generation operations. The cloud provider is also receiving 601.6 megawatts (MW) of wind and solar energy from its investment partner to power AWS operations in Europe, North America, and India […]
Brookfield to invest up to $2 billion in Scout Clean Energy and Standard Solar – EQ Mag Pro
$3.5 billion invested or allocated by Brookfield in North America clean energy sector this year Brookfield owns and operates an almost 65,000 MW diversified portfolio of renewables in the U.S., One of the largest clean power businesses in the country Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners, announces two […]